中微半导(688380) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥220,749,743.14, representing a year-on-year increase of 25.74%[2] - Net profit attributable to shareholders for the year-to-date period was ¥111,338,107.92, with a year-on-year increase of 40.03%[2] - Total operating revenue for the first three quarters of 2024 reached ¥649,434,483.19, a significant increase of 40% compared to ¥463,767,795.93 in the same period of 2023[21] - The net profit for Q3 2024 was CNY 111,338,107.92, a significant recovery from a net loss of CNY 5,927,874.27 in Q3 2023[22] - Operating profit for Q3 2024 reached CNY 112,706,014.62, compared to an operating loss of CNY 11,790,019.64 in the same period last year[22] - The company reported a total comprehensive income of CNY 111,232,236.17 for Q3 2024, compared to a loss of CNY 5,042,356.96 in the same quarter last year[23] - Basic and diluted earnings per share for Q3 2024 were both CNY 0.28, recovering from a loss of CNY 0.01 per share in Q3 2023[23] Cash Flow and Assets - The company reported a net cash flow from operating activities of ¥189,967,018.99 for the year-to-date period[2] - Cash flow from operating activities for the first three quarters of 2024 was CNY 189,967,018.99, a turnaround from a negative cash flow of CNY 106,921,079.37 in the previous year[25] - The cash and cash equivalents as of September 30, 2024, amount to approximately ¥177.81 million, a decrease from ¥917.26 million at the end of 2023[16] - The cash and cash equivalents at the end of Q3 2024 were CNY 177,807,241.29, down from CNY 672,141,315.88 at the end of Q3 2023[26] - The company experienced a net cash outflow from investing activities of CNY 809,734,106.47 in Q3 2024, compared to a smaller outflow of CNY 92,473,888.60 in Q3 2023[25] - The total operating cash inflow for Q3 2024 was CNY 655,908,841.07, an increase from CNY 466,009,945.69 in Q3 2023[25] - The company reported a decrease in total cash outflow from financing activities to CNY 119,637,276.67 in Q3 2024, down from CNY 190,693,645.60 in Q3 2023[26] Research and Development - Research and development expenses totaled ¥38,501,234.92 in Q3 2024, accounting for 17.44% of operating revenue, a decrease of 0.68 percentage points compared to the previous year[4] - Research and development expenses increased to ¥98,061,826.25 in 2024, compared to ¥87,129,575.33 in 2023, marking an increase of about 12%[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 18,758[9] - The largest shareholder, Yang Yong, holds 126 million shares, representing 31.47% of total shares[10] - The company has a total of 10 major shareholders, with a combined holding of 42.03%[13] - The number of shares held by the top 10 unrestricted shareholders includes 16.2 million shares by Jiang Zhiyong and 15.53 million shares by Luo Yong[12] - The company has not reported any significant changes in shareholder relationships or actions during the reporting period[13] Assets and Liabilities - Total assets as of the end of the reporting period were ¥3,153,716,755.04, a slight increase of 0.08% from the previous year[4] - The company's total assets amounted to ¥3,153,716,755.04, slightly up from ¥3,151,080,027.72 in the previous year[20] - Total liabilities increased to ¥186,299,508.15 in 2024, compared to ¥179,441,590.35 in 2023, indicating a growth of approximately 4.8%[19] - The total equity attributable to shareholders was ¥2,967,417,246.89, a slight decrease from ¥2,971,638,437.37 in the previous year[20] Government Subsidies and Product Development - The company received government subsidies totaling ¥27,706,173.73 year-to-date, primarily related to integrated circuit design business incentives[5] - The company has launched new products that enriched its product line, contributing to revenue growth[8] - The company has effectively reduced high-cost wafer inventory, contributing to improved financial performance[8] Future Outlook - The report indicates no significant new strategies or product developments mentioned in the earnings call[16] - The company has not provided any future performance guidance or market expansion plans in the current report[16] - The company plans to expand its market presence and invest in new technologies, although specific details were not provided in the report[21] Profitability Metrics - The weighted average return on equity increased by 3.39 percentage points to 2.31% for Q3 2024[4] - The gross profit margin improved significantly due to reduced product costs and stable product prices, leading to increased operating profit[8] - The company reported a net profit margin improvement due to increased revenue and controlled costs, although specific profit figures were not disclosed[21]